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‘Long-term thinking' key to IBM’s 100 years

Anushkar Mohinani | June 17, 2011
IBM celebrates its centennial and looks forward to another 100 years.

Technology giant IBM today in Singapore marked the 100-year anniversary of its founding on 16 June 1911. Globally, it celebrated its milestone with a book release, film debut, and 2.5 million hours of volunteer service to communities worldwide, according to a press release from IBM.

“IBM has survived and thrived for 100 years by remaining true to our core values, while being ready to change everything else. This has allowed us to transform technology, business and society through our first century, and we believe it will enable us to achieve even more in our second,” said Samuel J. Palmisano, chairman of the board, president and chief executive officer of IBM.

“In order to succeed for the long term, you must manage for the long term,” Palmisano said. “For IBMers, long-term thinking means continually moving to the future.”

Palmisano added that managing for the long term will continue to drive IBM’s growth for the next 100 years. 

Managing director of IBM Singapore, Teresa Lim, spoke about IBM Singapore's plans ahead. She said: “Looking forward, we aspire to continue to collaborate with the industry, stakeholders, academia and the government to make Singapore a smarter city and propel it into the next lap of economic growth. “


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